Iran’s 7-Day Hormuz Deal: Trump’s Tough Choice Before Midterms
Part of composite article Iran Offers 7-Day Hormuz Deal as Trump Faces Midterm Pressure View full article →
Iran has proposed a seven-day plan to reopen the Strait of Hormuz and restart talks on its nuclear program. The offer could help Donald Trump escape a growing political crisis before the US midterm elections. But it comes with difficult demands.
Under the plan, the US would need to lift freezes on Iranian assets and allow Iran to export its oil. The hardest condition is likely to be a demand that Trump order Benjamin Netanyahu to end Israel’s attacks on Hezbollah in Lebanon. That step would be needed to achieve what Iran calls a “ceasefire on all fronts.”
The reopening of the strait is expected to ease pressure on global energy markets. With only five days left before the proposed reopening, Trump must decide whether to accept the terms.